Author Archives: David Shedd

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About David Shedd

David has been a President - CEO - COO of an up to $350M group of manufacturing, distribution, specialty retail and services companies, having led 22 different businesses from turnarounds to start-ups to fast growth companies.

Find Someone Doing Something Right Every Day

  Last time, we ended with a quote from the psychologist William James: “The deepest human need is the need to be appreciated.” As the leader of your company or business unit, one of your key roles is to build … Continue reading

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Lessons from Private Equity any Company Can Use (Orit Gadiesh and Hugh MacArthur)

Lessons from Private Equity Any Company Can Use In the last few years, key Private Equity players have shifted their focus from financial engineering toward creating operating value. They are creating operating value in a systematic and focused way. As … Continue reading

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The Beatings Will Stop Once Morale Improves!

  In countless workforce surveys, employee morale and employee loyalty are at record lows. According to these surveys, a large majority of employees will, at the first opportunity, go out and find another job, gleefully leaving their current “@!$#*%* employers”. … Continue reading

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Raving Fans (Kenneth Blanchard and Sheldon M. Bowles)

Raving Fans: A Revolutionary Approach to Customer Service   Successful organizations have one common central focus: customers Goods are not sold by companies Products are bought by customers As IBM used to advise its salespeople, “stop selling what you have … Continue reading

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Business Turnaround 201 – Focus

In the blog, “Business Turnaround 101 – Let’s Be Honest,” we saw that the three fundamentals to turn a troubled business around are as follows: Understand Reality, Face Reality Focus, Prioritize, Plan (Less is More) Right People Doing the Right … Continue reading

Posted in Improve / Turnaround, Perform / Execution | 3 Comments

Why Smart Executives Fail (Sydney Finkelstein)

    The “standard” causes of failure do not explain why smart executives fail “The executives were stupid.” “The executives could not have known what was coming.” Etc. New ventures often fail spectacularly Do not lose sight of what counts in … Continue reading

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Business Turnaround 101 – Let’s Be Honest

“My business is in trouble. We are losing money. Customers are not buying. Morale is low. And we cannot seem to do anything right.” What then must be done? You have to turn around your business. But, how? On this … Continue reading

Posted in Improve / Turnaround, Leadership | 1 Comment

Winning (Jack Welch)

Jack Welch’s best seller Winning gives the renowned GE CEO’s view on what business leadership is all about. As excerpted from the book and from a subsequent article in Business Week (www.businessweek.com), I give a summary of the business leadership … Continue reading

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Change – A Broad Overview

  Read the business magazines or the Wall Street Journal and change is, as always, a hot topic: “The world is changing faster than ever, so you have to change faster or you will become a dinosaur.” “People hate change. … Continue reading

Posted in Business Acumen, Improve / Turnaround | 3 Comments

What Got You Here Won’t Get You There (Marshall Goldsmith)

This book by executive coach, Marshall Goldsmith, discusses the weaknesses in leadership behavior that eventually catch up with most leaders and lead to their downfall. Use this list of weaknesses to evaluate your own behavior and those of your key … Continue reading

Posted in Business Acumen, Leadership | 2 Comments

Quotes Relating to Winning at Business That I Just Like

  Quotes on Decision Making and Problem Solving “A problem well stated is a problem well solved.” John Dewey (American Educator) “Life is the art of drawing sufficient conclusions from insufficient premises” Samuel Butler “Defining a problem is key to … Continue reading

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Quotes on Change

In some upcoming blogs, I will be discussing change and how to significantly change and improve your business. The three keys for change are the following: Understand Reality, Face Reality Focus, Prioritize, Plan (Less is More) Right People Doing the … Continue reading

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Quotes on “Customer Service”

As you may recall, I consider “Customer Service” to be the third of the three keys for a Winning Business. Customer Service is defined as: Value Your Customers and Exceed Their Expectations Expand Your Business Outward on the Shoulders of … Continue reading

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Quotes on “Winning Teamwork”

As you may recall, I consider “Winning Teamwork” to be the second of the three keys for a Winning Business. Winning Teamwork is characterized by: Listening and Communication Accountability with Mutual Respect and Recognition Learning   General Quotes on Winning … Continue reading

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Quotes on “Do the Right Thing”

As you may recall, I consider “Do the Right Thing” to be the first of the three keys for a Winning Business. Do the Right Thing is defined as: Ethics, Integrity and Character Do the Right Thing to Ensure the … Continue reading

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Quotes on Leadership

For many years, I have been collecting quotes that apply to leadership and business. In a series of blogs, I will be sharing some of the quotes that I have collected. Please feel free to use them to pepper your … Continue reading

Posted in Leadership | Tagged , , | 1 Comment

Good to Great (Jim Collins)

Good to Great: Why Some Companies Make the Leap… and Other Don’t:  Jim Collins Good is the enemy of great Complacency creeps in Good to great transitions do not happen via the following: Larger than life, celebrity CEO arriving to … Continue reading

Posted in Business Acumen, Improve / Turnaround | 1 Comment

Winning Business

Why Winning Business? As the leader of your company, you win personally when your business wins. Success in business is about winning. The money is important, but true long-term business are built and improved because the business leader has the … Continue reading

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Things to Start Doing Today to Re-Charge Growth

To re-charge growth, the leader of the company needs to get actively involved in customer services, sales and marketing, meet with customers, and listen to the sales team Continue reading

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Prioritize on the Most Important

In the last downturn in the early 2000’s, re-engineering was all the rage.  One of the books that defined re-engineering was Michael Hammer’s The Agenda: What Every Business Must Do to Dominate the Decade.   It is actually quite a good … Continue reading

Posted in Leadership, Perform / Execution | 1 Comment